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Answer the Following Question. Why Were Merchants from Towns in Europe Began to Move the Countryside in the Seventeenth and Eighteenth Centuries? - Social Science

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प्रश्न

Why were merchants from towns in Europe began to move the countryside in the seventeenth and eighteenth centuries?

लघु उत्तर
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उत्तर

  1. Expansion of world trade and the acquisition of colonies.
  2. Powerful urban craft and trade guilds did not allow expansion of production in towns.
  3. Producers regulated production, competition, and prices.
  4. Rulers also granted different guilds the monopoly right to produce and trade in specific products.
  5. It was therefore difficult for new merchants to set up business in towns. So, they turned to the countryside.
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